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Coin Composition Changes Proposed Yet Again, but Now in Obama’s Budget
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<p>[QUOTE="cladking, post: 808646, member: 68"]So what do you do with the 50,000,000,000 quarters? </p><p><br /></p><p>There would either be some convoluted rounding scheme that sometimes cheats the seller and sometimes the buyer or billions of dollars worth of quarters are scrapped. </p><p><br /></p><p>Why not just make a little aluminum nickel that would even cost two cents to produce. You could even make one the current size for a half cent more. </p><p><br /></p><p>This would solve all the problems with the elimination of the cent and the dollar bill. The economy wouyld run a little smoother and I wouldn't get stuck in line behind the little old lady counting out pennies. People would like this so much once they got used to it that we'd do like Canada and Europe and start using a $2 coin as well. </p><p><br /></p><p>The increased usage of $5 bills would partially offset the loss of the single. Vending machines would become more popular again. And the American people wouldn't waste millions of man hours on senseless inane tasks like dealing with pennies or not being able to make simple purchases. You wouldn't even have to whip out your wallet just to buy a newspaper or a cup of coffee. Disease transmission would decrease and we wouldn't be a target for muggers and pickpockets. </p><p><br /></p><p>The current system is simple insanity and there's absolutely no need for it.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 808646, member: 68"]So what do you do with the 50,000,000,000 quarters? There would either be some convoluted rounding scheme that sometimes cheats the seller and sometimes the buyer or billions of dollars worth of quarters are scrapped. Why not just make a little aluminum nickel that would even cost two cents to produce. You could even make one the current size for a half cent more. This would solve all the problems with the elimination of the cent and the dollar bill. The economy wouyld run a little smoother and I wouldn't get stuck in line behind the little old lady counting out pennies. People would like this so much once they got used to it that we'd do like Canada and Europe and start using a $2 coin as well. The increased usage of $5 bills would partially offset the loss of the single. Vending machines would become more popular again. And the American people wouldn't waste millions of man hours on senseless inane tasks like dealing with pennies or not being able to make simple purchases. You wouldn't even have to whip out your wallet just to buy a newspaper or a cup of coffee. Disease transmission would decrease and we wouldn't be a target for muggers and pickpockets. The current system is simple insanity and there's absolutely no need for it.[/QUOTE]
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Coin Composition Changes Proposed Yet Again, but Now in Obama’s Budget
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